Features

Terms

Applicant Age: Minimum 21 years old and shouldn’t be retired when loan period endsApplicant Nationality: Lebanese citizenMinimum Monthly Income: Applicant’s minimum salary should be $600 for private sector employees, $400 for public sector employees, and $1500 for self employedCareer Status: Applicant should be employed for more than one year or self employed for more than two yearsMaximum Monthly Income: Family income shouldn’t exceed 6,750,000 LBPDocuments Required: For employees:
-Copy of passport or Identity Card
-Proof of income: a recent employment certificate confirming the date of employment, position held, salary, and NSSF number (if available) or certificate of salary with a copy of the last payroll slip
-Proof of residence: certificate of residence or copy of electricity or phone bill
For self-employed:
-Copy of passport or Identity Card
-Statement of account for the last 6 months
-Declaration of income for the last 2 years
-Copy of the company’s commercial circular
-Documents proving the place of work (certificate of Commercial Register, etc.)
-Copy of syndicate membership card (if available)Special Terms: -Applicant’s monthly payment shouldn’t exceed 1/3 of the monthly salary (for public and private sector employees) and 1/4 of the monthly income (for self employed and expatriates)
-House area shouldn't exceed 210 m2